Ferrari 458 Italia Novitec, Front Lift, Novitec Wheels, Capristo Exhaust on 2040-cars

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Ferrari family won't sell stake in company

Ferrari may be splitting off from the Fiat Chrysler Automobiles group and launching its IPO independently, but those stocks it's going to float are coming out of Fiat's hands. The small portion still held by the Ferrari family looks destined to stay in their control for the time being. According to the latest report from Reuters, Enzo's son Piero says he has no intention of selling any of the 10 percent interest he and his family hold in the company founded by his late father. "I have never sold and I have no intention of doing so," said Piero, as quoted in the report. Piero Ferrari is the illegitimate son of Enzo Ferrari and his mistress Lina Lardi. His half-brother Dino died in his twenties from complications associated with muscular dystrophy, and in accordance with Italian custom, Piero was only acknowledged as Enzo's heir after the death of the father in 1988. Representing the family's holdings, Piero still acts as vice-chairman of the company but devotes his day-to-day to running aerospace manufacturer Piaggio Aero. News Source: ReutersImage Credit: Marco Vasini/AP Earnings/Financials Ferrari stock piero ferrari

Ferrari F40 GT goes all Farmkhana for Tax the Rich

Tax the Rich has thrown a number of Ferrari supercars around the farm in bouts of eyebrow-raising madness. It's featured a 288 GTO, a couple of F50s, even an Enzo. All it was missing was an F40, but its latest video installment corrects that in spectacular style. The self-styled Farmkhana gurus haven't just brought out any old F40 for this video, but a competition-spec F40 GT – and one with considerable pedigree. Chassis number 74047 was the sixth of only seven built, showcased after its construction at the 1987 Frankfurt Motor Show and converted to racing specification by Michelotto in 1991. The factory's racing partner managed to squeeze a massive 590 horsepower out of it, dropped the suspension, upgraded the brakes, and generally turned the beast way up past eleven. Privateer racer Luca Sartori campaigned it in the Italian GT Championship in the early '90s, winning races at Imola, Monza, and Mugello. The long and short of it is that this is a rather spectacular supercar, even among the rarified breed of F40 racecars. Which only makes it that much more shocking to see what they've done with it in this video. We'll let you watch the two-minute clip yourself to see how it unfolds, but suffice it to say it does not end well. Or at least that's what we're lead to believe.

Watch Chris Harris drive the Ferrari 458 Spider like an "idiot"

Chris Harris gets to abuse his fair share of cars that we can only dream about driving, so why not add the Ferrari 458 Spider to that list. After somehow borrowing the keys to a Ferrari-owned 458 Spider, Harris spends about five minutes driving the 570-horsepower, open-air supercar like an "idiot" (his words, not ours).
In reality, it's impressive to watch the $257,000 (base price) 458 Spider being drifted and pushed hard into every turn. Not surprisingly, the car handles the "bad behavior" very well, but what is amazing is how easy it is for Harris to talk to the camera despite the top being down and the engine being at full throttle almost the entire time.
If you like watching Ferraris get sideways, you will most certainly enjoy Harris' video, which is posted below.